The top cybercrime threats facing organizations in Europe and beyond include ransomware affiliate programs, more sophisticated mobile malware and cryptocurrency-hawking investment fraud, among other types of crime, according to Europol's latest Internet Organized Crime Threat Assessment.
Four editors at ISMG discuss important cybersecurity issues, including law enforcement agencies' crackdown on ransomware operations, how banks are building their technology stacks to counter card fraud and whether the "work from anywhere" model is beneficial for employees in the long term.
Vulnerabilities in Apple Pay, Samsung Pay and Google Pay allow attackers to make unlimited purchases using stolen smartphones enabled with express transport schemes, according to a research report from Positive Technologies. These findings were presented at Black Hat Europe this week.
A subsidiary of the Central Depository Services Ltd. has patched a critical vulnerability that exposed sensitive data such as Permanent Account Numbers, income and net worth, broker names, amount of annual income tax return filed and CDSL client IDs for close to 44 million Indian investors.
Microsoft's November Patch Tuesday security update covers 55 security fixes, six of which are zero-day vulnerabilities, with two flaws being actively exploited in the wild. Does the relatively low number for November mean there is a patch backlog at Microsoft?
CyberEdBoad excutive member Alan Ng of China Taiping Insurance, Singapore, explains the enterprise risk management strategy for the pandemic era and how the Distributed, Immutable and Ephemeral triad works with the Confidentiality, Integrity and Availability triad to make organizations more secure.
Zero Trust deployment - the acts of moving apps and data to the cloud and assuming no user or device is trustworthy until proven otherwise - came into vogue in response to COVID-19. A lot has changed since Zero Trust first appeared in 2014, so our concept of Zero Trust must also evolve. Stephen Banda of Lookout...
U.S. SEC Commissioner Caroline Crenshaw urges DeFi developers to approach the financial regulator in an effort to bring projects in line with existing securities laws. Though praising the DeFi's innovative nature, the commissioner says it lacks transparency and is hindered by on-chain pseudonymity.
The U.S. Department of the Treasury has blacklisted cryptocurrency exchange Chatex, along with a network of entities the department says support it, for allegedly facilitating ransomware-related financial transactions. This action effectively bars Americans from doing business with the company.
The calculus facing cybercrime practitioners is simple: Can they stay out of jail long enough to enjoy their ill-gotten gains? A push by the U.S. government and allies aims to blunt the ongoing ransomware scourge. But will practitioners quit the cybercrime life?
Threat actors have breached critical systems internationally by exploiting a recently patched vulnerability in Zoho’s ManageEngine product ADSelfService Plus, with a suspected Chinese threat group leveraging leased infrastructure to scan hundreds of vulnerable organizations.
Marcus Rameke of Nikko Asset Management Group in New Zealand shares how he led the digital transformation journey to enable it to fulfill new business requirements using an agile approach that made staff more mobile and able to achieve better productivity and revenue and improve client satisfaction.
The U.S. deputy attorney general said this week that the nation is ramping up efforts to cripple ransomware operations and other cybercrime through arrests and seizures of ransom payments. The Biden administration has called ransomware a threat to national security and an economic threat.
ISMG editors discuss: U.S. Sen. Angus King on the need for the federal government to form a clear, declarative cyber deterrence strategy, how CISA is ramping up efforts to support critical infrastructure defenses and the potential implications of the U.S. blacklisting of Israeli spyware firms.
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